Arizona Commerce Authority Announces Winners For 2024 Venture Madness
PHOENIX, AZ (April 4, 2024) — The Arizona Commerce Authority (ACA), in partnership with Venture Madness, announced three winners for the 2024 Venture Madness Conference.
Arizona’s longest-running pitch competition, Venture Madness features early stage and emerging growth companies and offers participants exclusive access to the region’s most active, accredited angel investors and venture capital firms. At the event held on April 4, companies competed in head-to-head pitches.
This year’s competition featured 16 finalists selected from a pool of 130 applications. Following presentations, judges selected three winners, with the first place winning $25,000; second place winning $10,000 and third place winning $5,000.
The 2024 Venture Madness winners are:
- 1st Place: Rovicare, a Tempe-based healthcare digital platform that automates patient transition and care coordination. Rovicare’s mission is to reduce overall healthcare costs, make care more accessible to more people, and increase the quality of care for all patients.
- 2nd Place: Retisio, the leading provider of advanced eCommerce solutions that empower modern retailers and brands to sell more online and reduce risk.
- 3rd Place: Quibble, a startup which provides revenue management services and software for vacation rental properties.
“Congratulations to the outstanding 2024 Venture Madness winners,” said Sandra Watson, President and CEO of the Arizona Commerce Authority. “Arizona is home to one of the fastest- growing and welcoming startup ecosystems in the nation. We are proud to continue to partner with Venture Madness and Invest Southwest to support Arizona’s talented entrepreneurs.”
The 2024 Venture Madness Conference also included panels featuring Arizona startup founders including eVisit, Pyx Health, Shopgenie and Mosaic and a panel of venture capital leaders discussed the landscape of venture capital. The event also provided a dedicated Expo area for the third year, where Presenting Company Finalists, along with a host of other emerging growth companies, had the opportunity to showcase their products and services to attending accredited investors from across the country.
Venture Madness has helped raise over $1 billion in capital funding since 1992. Previous Venture Madness winners include CampusLogic, Televeda, Homie and Qwick.
Media Contact
Alyssa Tufts, Arizona Commerce Authority, [email protected]
About Venture Madness
Venture Madness by Invest Southwest is the premier organization for connecting investors with the best and brightest ventures in the region. It offers year-round programs and events and hosts Arizona’s longest-running capital conference and pitch competition. In addition to providing a valuable connection point for both investors and early-stage companies preparing for growth, Venture Madness offers unparalleled networking for investors, early-stage companies, business leaders and mentors all designed to help young companies navigate their way to success one step at a time. For more information, please visit venturemadness.com.
About the Arizona Commerce Authority
The Arizona Commerce Authority (ACA) is the state's leading economic development organization with a streamlined mission to grow and strengthen Arizona's economy. The ACA uses a three-pronged approach to advance the overall economy: attract, expand, create - attract out-of-state companies to establish operations in Arizona; work with existing companies to expand their business in Arizona and beyond; and help entrepreneurs create new Arizona businesses in targeted industries. For more information, please visit azcommerce.com and follow the ACA on Twitter @azcommerce.